Kawasaki Doruemon-ryu Time Statistics Theory | 9th installment Monthly forecast September edition [Kawasaki Doruemon]
Kawasaki Doluemon-san emphasizes the time element as important in FX. This project will teach Mr. Doluemon specific trading strategies from a statistical approach.
Note: This article is a reprint and rewrite of an article from FX Tutorial.com October 2020 issue. Please be aware that the market information written in the body may differ from the current market.
Kawasaki Doluemon Profile
Kawasaki・Doruemon. Feeling limits in discretionary trading, he sought a method of system trading that could be profitable with as little mental burden as possible. After various simulations, he completed the Guruguru Train.
Blog:Kawasaki Doluemon’s FX Blog
Twitter：https://twitter.com/kawasakidoruemo
September Focus: The Pound!
Hello, I’m Kawasaki Doluemon. This time, I will introduce the FX trends for September.
Table ① shows the monthly data for each currency pair counted from 2000. Looking at it, the number of bullish candlesticks for EUR/JPY is 13, GBP/JPY is 14, and GBP/AUD is 14, slightly higher, and two of these involve pound-related pairs. From this, September seems to have a slight tendency for the pound to be bought. However, such a trend does not appear for GBP/USD or GBP/NZD, so it cannot be said to be a strong trend. Therefore, we will also look at more detailed weekly statistical data.
